A new Japanese company formed to work on white OLED technology

Junji Kido, a professor from the Yamagata University in Japan has formed a new company, called Organic Lighting, to work on white OLEDs. The company's capital is only about 130,000$ currently, and it was setup in the Yamagata Universit'yes Venture Business Laboratory.

Organic Lighting plans to have equipment on the market by the beginning of 2010. It will not have its own factory. They also have plans for OLED emergency lights for public places. They hope to reach several tens of millions of US$ in revenue by 2014. 

Professor Junji Kido is the inventor of the first white OLED.

Via iStockAnalyst